LYC 2.73% $6.40 lynas rare earths limited

Why not just take them over (and a heavy deposit or 2) out of...

  1. 2,364 Posts.
    Why not just take them over (and a heavy deposit or 2) out of our first full year's profit?

    Market cap:
    ARU $123m
    NTU $87m
    Hastings $17m

    On projected net profits for (say) a $50 /kg basket price -I make it to be about $600m- we could pay down a big chunk of debt at the same time.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.